Three big questions shape my research agenda. The first and most recent one is about innovation policy. I investigate how the litigation and innovation markets interact with each other, which factors contributed to the trends in patent litigation environment in the past two decades, and how we can discourage relatively weak patent infringement suits while at the same time strengthen the bargaining power of patentees with robust cases.

The second idea that underlies my research agenda is the role of advertising and media in shaping decisions of households, corporate executives and institutional managers. I also study how consumers respond to mortgage advertising and whether firms use advertising as a strategic tool to respond to litigation events in their environment. My third research area is on how information, especially corporate disclosures, affect asset prices and it flows through various financial networks. In particular, I investigate which factors prevent information to be properly priced and how shocks to trust in financial intermediaries affect household portfolios. Below, I list some of my working and published papers in each of these research interest areas. My other work is listed on my resume.


1) Innovation Policy

[1] Lauren Cohen, Umit G. Gurun, and Scott D. Kominers (2016). The Growing Problem of Patent Trolling.   SCIENCE    VIDEO   DOWNLOAD

[2] Lauren Cohen, John Golden, Umit G. Gurun, and Scott D. Kominers (2017). ‘Troll’ Check: A Proposal for Administrative Review of Patent Litigation. BOSTON UNIVERSITY LAW REVIEW  DOWNLOAD

[3] Lauren Cohen, Umit G. Gurun, and Scott D. Kominers (2017). Patent Trolling Isn’t Dead — It’s Just Moving to Delaware. HARVARD BUSINESS REVIEW DOWNLOAD

[4] Lauren Cohen, Umit G. Gurun, and Scott D. Kominers (2017). Empirical Evidence on the Behavior and Impact of Patent Trolls: A Survey. Patent Assertion Entities and Competition Policy, Cambridge University Press. DOWNLOAD

[5] Lauren Cohen, Umit G. Gurun, and Scott D. Kominers (2018). Patent Trolls: Evidence from Targeted Firms. MANAGEMENT SCIENCE  DOWNLOAD

[6] Lauren Cohen, Umit G. Gurun, and Scott D. Kominers (2017). Shielded Innovation. UT Dallas Working Paper  DOWNLOAD

[7] Mehmet Canayaz and Umit G. Gurun (2018). The Real Effects of Fake Goods: Counterfeit Products and Firm Value. UT Dallas Working Paper  DOWNLOAD


2) The Role of Media and Advertising in Finance

[1] Umit G. Gurun, Alexander W. Butler (2012). Don’t Believe the Hype: Local Media Sland, Local Advertising, and Firm Value. THE JOURNAL OF FINANCE    VIDEO  DOWNLOAD

[2] Umit G. Gurun, Gregor Matvos, and Amit Seru (2016). Advertising Expensive Mortgages. THE JOURNAL OF FINANCE   DOWNLOAD

[3] Umit G. Gurun (2016), Benefits of Publicity. UT Dallas Working Paper. UT Dallas Working Paper  DOWNLOAD

[4] Lauren Cohen and Umit G. Gurun (2017). Buying the Verdict. UT Dallas Working Paper  DOWNLOAD


3) Information Networks, Corporate Disclosure, and Asset Pricing

3.a) Information Diffusion in Financial Networks

[1] Umit G. Gurun, Noah Stoffman, and Scott Yonkers (forthcoming). Trust Busting: The Effect of Fraud on Investor Behavior. REVIEW OF FINANCIAL STUDIES  DOWNLOAD

[2] Lauren Cohen, Umit G. Gurun, and Chris Malloy (2017). Resident Networks and Corporate Connections: Evidence from World War II Internment Camps. THE JOURNAL OF FINANCE  DOWNLOAD

[3] Alex Butler and Umit G. Gurun (2012). Educational Networks, Mutual Fund Voting Patterns, and CEO Compensation. REVIEW OF FINANCIAL STUDIES   DOWNLOAD

[4] Zhi Da, Umit G. Gurun, and Mitch Warachka (2104). Frog in the Pan: Continuous Information and Momentum. REVIEW OF FINANCIAL STUDIES  DOWNLOAD

[5] Alex Butler, Jess Cornaggia, and Umit G. Gurun (2017). Substitution between Sources of Finance in Consumer Capital Markets. MANAGEMENT SCIENCE  DOWNLOAD

[6] Huaizhi Chen, Lauren Cohen, Umit G. Gurun, Dong Lou, Chris Malloy (2017). IP from IQ: Simplifying Search in Portfolio Choice. UT Dallas Working Paper  DOWNLOAD


3.b) Corporate Disclosure and Asset Prices

[1] William M. Cready and Umit G. Gurun (2010). Aggregate Market Reaction to Earnings Announcements. JOURNAL OF ACCOUNTING RESEARCH   DOWNLOAD

[2] Umit G. Gurun, Rick Johnston, and Stanimir Markov (2016). Sell-Side Debt Analysts and Market Efficiency. MANAGEMENT SCIENCE  DOWNLOAD

[3] Rebecca Files and Umit G. Gurun (forthcoming). Lender’s Response to Customer Restatements. CONTEMPORARY ACCOUNTING RESEARCH  DOWNLOAD

[4] Irem Demirci, Umit G. Gurun, and Erkan Yonder (2016). Shuffling Through the Bargain Bin: Real ate Holdings of Public Firms. UT Dallas Working Paper   DOWNLOAD

[5] Umit G. Gurun and Oguzhan Karakas (2017). Earnings and the Value of Voting Rights. UT Dallas Working Paper  DOWNLOAD